The market is continuing upwards this morning, and players expect the rise to continue. Drier forecasts and strong fuel prices are the main price driving elements.
“The weather is turning drier, and carbon and fuel prices are firming. Given a normal weather development, I believe we will see a new bullish run in the market. V2-05 could go up to 330-340 NOK/MWh rather easily,” says Heine Sebjørnsen at Østfold Energi.V2-05 has earlier turned at the 308 and 314 NOK/MWh levels. The 308 level was broken yesterday, and if the contract breaks
Mittwoch, 31.08.2005, 11:09 Uhr
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